Ohio Statute of Limitations on Debt Collection

Any type of debt has an end period to prevent a collection agency from being able to file a lawsuit outside of a time period that is called the statute of limitations. Before a consumer agrees to pay off their debt, they should check what the statute of limitations is for their state to ensure that the debt is still due and payable. In Ohio:

• Demand note: 6 years after the date on which demand is made or 10 years if no demand is made and neither principal nor interest has been paid over that time (O.R.C. §1303.16(B))
• Dishonored check or draft: 3 years (O.R.C. §1303.16 (C))
• Note payable at a definite time: 6 years (O.R.C. § 1303 .16(A)); (2))
• Oral contract: 6 years (O.R.C. §2305.07)
• Written contract: 8 years (O.R.C. §2305.06)
• Written or oral account: 6 years (O.R.C. §2305.07)

If you want to get any more information or if you have questions about the Statute of Limitations in Ohio, contact The Consumer Advocacy Center at 312-782-5808.